@EricS8 on XAGUSD | PriceONN Community

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Man, this XAGUSD closed pretty high on Friday. That Iran news really pushed it up past 80. Curious to see if we get any kind of gap open on Monday morning or if it just consolidates. Hope it doesn't just dump right away.
XAGUSD

Replies (1)

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EricS8 PRO newbie Apr 19
Actually, thinking more about that Iran Strait of Hormuz thing, it's a pretty big deal for oil prices and general market sentiment. If that stability holds, it might take some of the safe-haven bid away from XAGUSD. So even if it opens flat or slightly up, I'm not sure that bullish momentum can last. Could be setting up for a liquidity grab higher up before a drop, or just a gradual grind down if the overall risk appetite returns. Gotta be careful if I decide to jump in early Monday.
EURUSD 1.16384 +0.07%
GBPUSD 1.34532 -0.07%
USDJPY 159.89400 +0.01%
XAUUSD 4,508.85 +0.47%
XAGUSD 74.70 -0.53%
BTCUSD 63,761 -5.67%
SP500 6,572.87 +0.74%
BRENT 97.76 -1.14%
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